Nassau County In Highest Debt Ever: Tom Suozzi

HICKSVILLE, NY (TIP): A former Nassau County Commissioner Jim Reeds writes on his Facebook wall: “A war of words — and websites — between County Executive Ed Mangano and Democratic nominee Tom Suozzi’s campaigns heated up this week. “As November’s election creeps closer, Suozzi — who launched the website edmanganosdebt.com earlier this week — has called the finances under the Mangano Administration into question, including what Suozzi says is more than $2 billion in borrowing.”

The website says, “Ed Mangano has taken Nassau deeper in debt than any County Executive in history. $3,500,000,000 Suozzi claims Ed Mangano has borrowed over $2 billion dollars and wants to borrow $1 billion more. That means higher taxes for Nassau residents in the future. He adds “Nassau County has suffered 3 bond rating downgrades and the county debt is the highest in history”.

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